Skip to content

BISHOP

Active
Private limited company (pre-2019)founded 2002active for 24 yearsGemeentestraat 11, 3890 Gingelom, BelgiumKBO/BCE: BE 0477.901.776

Financials · financial year 2025, micro format

2025 annual accounts filed 59 days after the deadline Filed on 31 March 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00072522.

Annual accounts 2025 filed on 31-03-2026 PDF all 22 filings

Equity
€20,141▲ 6.7%
2023 · €18,876
Total assets
€86,773▼ 7.6%
2023 · €93,938
Net result
€884▲ 41.9%
2023 · €623
Working capital
€20,141▲ 6.7%
2023 · €18,876
Multi-year overview
2019 to 2025, 6 financial years
Operating result
-€1,648
2025
20192025
Net result
€884
2025
20192025
Equity
€20,141
2025
20192025
Total assets
€86,773
2025
20192025
Debt
€66,633
2025
20192025
Working capital
€20,141
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232025
Operating result€3,744--€1,326-€402▲ 69.6%-€137▲ 65.8%-€446▼ 225%-€1,648-
Net result€133-€547▲ 311%€658▲ 20.3%€657▼ 0.2%€623▼ 5.1%€884-
Equity€16,392-€16,939▲ 3.3%€17,597▲ 3.9%€18,253▲ 3.7%€18,876▲ 3.4%€20,141-
Total assets€80,539-€84,626▲ 5.1%€87,320▲ 3.2%€89,560▲ 2.6%€93,938▲ 4.9%€86,773-
Debt€64,147-€67,688▲ 5.5%€69,723▲ 3.0%€71,307▲ 2.3%€75,062▲ 5.3%€66,633-
Working capital€16,392-€16,939▲ 3.3%€17,597▲ 3.9%€18,253▲ 3.7%€18,876▲ 3.4%€20,141-

The operating result for 2025 is a loss of €1,648, against a loss of €446 in 2023. Comparable figures for the intervening years are unavailable.

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Equity and liabilities €86,773
Equity €20,141 ▲ 6.7%
Debt €66,633 ▼ 11.2%
Debt's share of the balance-sheet total falls from 79.9% to 76.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2023
Current ratio
1.30▲
2023 · 1.25
Debt to equity
3.31▼
2023 · 3.98
ROE
4.4%▲
2023 · 3.3%
ROA
1.0%▲
2023 · 0.7%
Debt ≤ 1 year
€66,633▼
2023 · €75,062
Income taxes
€1▼
2023 · €247
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 35 lines
Balance sheet Code20232025
Assets
Total assets20/58€93,938€86,773▼
Current assets29/58€93,938€86,773▼
Amounts receivable within one year40/41€93,938€86,768▼
Trade receivables40€91,877€82,766▼
Other amounts receivable41€2,061€4,001▲
Cash at bank and in hand54/58-€6
Equity and liabilities
Total equity and liabilities10/49€93,938€86,773▼
Equity10/15€18,876€20,141▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€1,584-€319▲
Amounts payable17/49€75,062€66,633▼
Amounts payable within one year42/48€75,062€66,633▼
Financial debts43€51,063€50,000▼
Credit institutions430/8€51,063€50,000▼
Trade debts44€1,201€1,224▲
Suppliers440/4€1,201€1,224▲
Taxes, remuneration and social security45€270-
Taxes450/3€270-
Other amounts payable47/48€22,528€15,409▼
Income statement Code20232025
Other operating charges640/8€446€923▲
Gross operating margin9900€0-€725▼
Operating profit (loss)9901-€446-€1,648▼
Financial income75/76B€5,966€6,854▲
Recurring financial income75€5,966€6,854▲
Financial charges65/66B€4,650€4,320▼
Recurring financial charges65€4,650€4,320▼
Profit (loss) for the period before taxes9903€870€885▲
Income taxes67/77€247€1▼
Profit (loss) for the period9904€623€884▲
Profit (loss) for the period to be appropriated9905€623€884▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,584-€319▲
Profit (loss) brought forward from the previous period14P-€2,207-€1,203▲

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-03-2026.

Line201920202021202220232025Change
Other operating charges640/8---€80€446€923-
Gross operating margin9900€4,159-€852-€55-€57€0-€725-
Operating profit (loss)9901€3,744-€1,326-€402-€137-€446-€1,648-
Financial income75/76B---€3,815€5,966€6,854-
Recurring financial income75-€4,668€3,766€3,815€5,966€6,854-
Financial charges65/66B---€2,751€4,650€4,320-
Recurring financial charges65€1,931€2,223€2,352€2,751€4,650€4,320-
Profit (loss) for the period before taxes9903€1,813€1,119€1,012€927€870€885-
Income taxes67/77€1,680€572€353€270€247€1-
Profit (loss) for the period9904€133€547€658€657€623€884-
Profit (loss) for the period to be appropriated9905€133€547€658€657€623€884-
Line201920202021202220232025Change
Assets
Total assets20/58€80,539€84,626€87,320€89,560€93,938€86,773-
Current assets29/58€80,539€84,626€87,320€89,560€93,938€86,773-
Amounts receivable within one year40/41€79,858€84,623€87,314€89,557€93,938€86,768-
Trade receivables40---€87,496€91,877€82,766-
Other amounts receivable41---€2,061€2,061€4,001-
Cash at bank and in hand54/58€680€3€6€3-€6-
Equity and liabilities
Total equity and liabilities10/49€80,539€84,626€87,320€89,560€93,938€86,773-
Equity10/15€16,392€16,939€17,597€18,253€18,876€20,141-
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600-
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860-
Non-distributable reserves130/1---€1,860€1,860€1,860-
Reserves not available under the articles1311---€1,860€1,860€1,860-
Profit (loss) carried forward14-€4,068-€3,521-€2,863-€2,207-€1,584-€319-
Amounts payable17/49€64,147€67,688€69,723€71,307€75,062€66,633-
Amounts payable within one year42/48€64,147€67,688€69,723€71,307€75,062€66,633-
Financial debts43---€50,616€51,063€50,000-
Credit institutions430/8---€50,616€51,063€50,000-
Trade debts44€353€766€1,051€755€1,201€1,224-
Suppliers440/4---€755€1,201€1,224-
Taxes, remuneration and social security45---€270€270--
Taxes450/3---€270€270--
Other amounts payable47/48---€19,666€22,528€15,409-
Line201920202021202220232025Change
Profit (loss) for the period9904€133€547€658€657€623€884-
Operating cash flow (approximation)€133€547€658€657€623€884-
Change in cash--€678€3-€3---

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 3,984 companies had the same profile as BISHOP has now. Two years later, 96.5% were still going and 1.1% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
96.5% was still going
2.3% stopped otherwise
1.1% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BISHOP itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,984 companies, not a prediction for BISHOP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 31-03-2026 2026-00072522 PDF
30-06-2023 micro format 31-01-2024 2024-00026289 PDF
30-06-2022 micro format 31-01-2023 2023-00011816 PDF
30-06-2021 micro format 31-01-2022 2022-04900487 PDF
30-06-2020 micro format 25-02-2021 2021-06600075 PDF
30-06-2019 micro format 29-01-2020 2020-02600546 PDF
30-06-2018 micro format 29-01-2019 2019-03600449 PDF
30-06-2017 micro format 29-01-2018 2018-02600317 PDF
30-06-2016 abbreviated format 31-01-2017 2017-03800421 PDF
30-06-2015 abbreviated format 29-01-2016 2016-03800359 PDF

Show all 22 filings

Next steps